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Sri Lankan central bank expects inflation to drop to 7 pct in July

juli 06, 2023by Reacties uitgeschakeld voor Sri Lankan central bank expects inflation to drop to 7 pct in July

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COLOMBO, July 6 (Xinhua) — Sri Lankan inflation will drop to 7 percent in July, an official of the country’s central bank told journalists in Colombo on Thursday.

The central bank’s Director of Economic Research P. K. G. Harischandra, while addressing a press conference, said the headline inflation will stabilize around mid-single-digit level in the medium term.

Harischandra said that the core inflation

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